NSE 0.00% 0.4¢ new standard energy limited

rey's prostivity and nse involvement, page-19

  1. 5,963 Posts.
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    Eric confirms what I said above.

    He says "There is also the possibility that this accumulation is both basin centred and basin wide, and the soon to be spudded Yulleroo-3 well on the Yulleroo tight gas accumulation has the potential to demonstrate how widespread the accumulation could be."

    ...both basin centred and basin wide...
    Yes, this is the main point; WIDE..!
    When it is "basin centered" it has to be "wide", which means propective area goes all along the basin.

    That also means Yullero and Valhalla is the part of same Laurel formation. They are connected because they are part of the same BSGA.

    This confirms that REY is at the centre of the basin. This is aligned with my explanation which I tried to give by the cross section above, is completely coming to spotlights.


    This was part of my post above;

    "The Proven Source Rocks : Laurel Formation and Basin Centered Accumulation
    .....
    Buru says on all their presentations that Valhalla and Yullero are "very large Basin Centered Gas Accumulation". “Basin Centered” means it is wide spread sedimentary rocks, deepen at the middle of the basin (which is necessary for petroleum generation). The thickness of this formation, according to Buru, is about 1300m at total depth of 3356m. That is huge.

    Now you look at the layer at the cross section below which Buru has found the oil in Ungani and Gas in Valhalla and Yullero. Ungani is conventional (trap) but Valhalla and Yullero is tight gas (shale alike) accumulations. They are in the layers shown, go for kilometers.

    Valhalla and Yullero are in the Laurel formation which is formed in Carboniferous-Permian-Triassic layer. See that layer goes up to the surface at the edges of the basin, and there is not much chance for the players having tenements in that area. (GGX, Orion, etc)

    You can see on that cross section that REY's tenements exactly in line as basin centered behind Yullero and Valhalla, in the same trend with even both of them."

 
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